Oregon Code § 458.471·Enacted ·Last updated March 01, 2026
Statute Text
Disposition of proceeds.
(1) The proceeds, less costs, of real property sold by the Oregon Department of
Administrative Services under ORS 458.467 shall be credited to and deposited in
the Home Start Lands Fund established under ORS 458.478.
(2) The revenue
from the rental or lease of home start lands managed by the department shall be
credited to and deposited in the Home Start Lands Fund established under ORS
458.478.
(3)
Notwithstanding subsection (1) or (2) of this section, an agency may negotiate
with the department to apply the proceeds of a sale, transfer or lease of home
start lands to another capital acquisition of that agency. [2025 c.481 §8]
Note:
See note under 458.461.
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 458.471
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
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